Ripping of the rich - CNBC T.V. program
COALPORTER
Posts: 2,900 ✭✭
CNBC is airing a program tonight called, "Ripping of the Rich" (or something close).
It has to do with how Mega rich people who chose "collectables" as an alternative
to "normal" investments and have been conned with fakes AND/Or fell victums to
profesional robbers and lost millions. Should be interesting to watch. I dont know if
they say anything about coins, but they could. (The pro-mo adds just show Art work
and wine collecting )
There was also something interesting about FBI agents working as art dealers FOR YEARS
to recover stollen paintings -sometimes 10 or 20 years later. Is there any such efforts in
the coin world? (Maybe it is time to inlist someone to go under cover)
(Knowing CNBC it will be shown over 100s of times, so no need to rush)
It has to do with how Mega rich people who chose "collectables" as an alternative
to "normal" investments and have been conned with fakes AND/Or fell victums to
profesional robbers and lost millions. Should be interesting to watch. I dont know if
they say anything about coins, but they could. (The pro-mo adds just show Art work
and wine collecting )
There was also something interesting about FBI agents working as art dealers FOR YEARS
to recover stollen paintings -sometimes 10 or 20 years later. Is there any such efforts in
the coin world? (Maybe it is time to inlist someone to go under cover)
(Knowing CNBC it will be shown over 100s of times, so no need to rush)
0
Comments
<< <i>The trouble with coins is that too many pieces are virtually identical. Unless you are dealing with a rare coin with a very small population, the more common stuff is hard to trace once it has been cracked out of a holder, dipped and allowed to tone or been re-toned. With art each picture, if it is hand done by the artist is unique and easier to trace. >>
One of the reasons I collect one-of-a-kind error coins all photographed and stored on multiple hard drives.
Experience the World through Numismatics...it's more than you can imagine.
<< <i>The trouble with coins is that too many pieces are virtually identical. Unless you are dealing with a rare coin with a very small population, the more common stuff is hard to trace once it has been cracked out of a holder, dipped and allowed to tone or been re-toned. With art each picture, if it is hand done by the artist is unique and easier to trace. >>
maybe all coins should be fingerprinted....
nice dream.
<< <i>CNBC is airing a program tonight called, "Ripping of the Rich" (or something close).
It has to do with how Mega rich people who chose "collectables" as an alternative
to "normal" investments and have been conned with fakes
The pro-mo adds just show Art work
and wine collecting >>
the emptying and refilling of high end wine has been going on for a long time
<< <i> ....the emptying and refilling of high end wine has been going on for a long time >>
Read The Billionaire's Vinegar (Benjamin Wallace). Marvelous story about wine-faking. You will be amazed at the foolishness of which world-class experts are capable.
Or perhaps not
Some "interesting" parallels. As good or better a read as "The Big Short"
<< <i>maybe all coins should be fingerprinted.... >>
The name is LEE!
<< <i>
<< <i>maybe all coins should be fingerprinted.... >>
Darn, wouldn't you know it. None of my coins have fingers.